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Porsche released its first electric car back in 2019. It was the 2020 Porsche Taycan, which was fairly similar to the Porsche Panamera sedan in terms of price, performance, and styling, except that it was fully electric. So if you were in the market for a very expensive sedan, it was more about whether or not you wanted an electric vehicle or a vehicle with an internal combustion engine (ICE).
In the quarter in which it launched (Q4 2019), the Taycan ended up only representing about 7% of Porsche North America's overall sedan sales. But by the second quarter of the following year it was nearly 50%. And in the first quarter of this year (2021), it was over 80% of their sedan sales. That was fast. Pretty soon, I would imagine there will be no point in even making the Panamera.
Now, the Panamera and Taycan aren't exactly mainstream vehicles. But I found the above chart (which is from Bloomberg Green) interesting in that it feels like an all-things-being-equal kind of question. If you happen to be in the market for a six-figure Porsche sedan -- and all things are kind of equal -- would you rather an electric model or one that runs on gas? Already most people are choosing the former.
https://youtu.be/5W-zPqrGQWA
Google Earth has a feature called Timelapse that combines millions of different satellite images to show you how the world has changed over the last 37 years -- sometimes for the better and sometimes for the worse. It's a feature that's been out for a few years, but they just made it available in 3D. Some of you may have also missed the feature if you don't normally use Google Earth. So here's an overly wondrous video (also embedded above) showing off the new feature, and here is a dedicated site that allows you to quickly try out Timelapse in 2D. Dubai's "coastal expansion" is one of the places you can quickly land on and its growth over the last few decades is always mind boggling to see. But of course, there are also many other important Timelapses that should be viewed. A number of them speak to our environmental impacts on the world.
The International Energy Agency (IEA) has just published what it is calling the first comprehensive roadmap for transitioning the world to a net zero energy system by 2050. Turns out, it's only going to take a complete overhaul of pretty much everything to hit this important target. We are going to need to start investing some $820 billion each year (starting in 2030) on our electrical grids to support the electrification of the global economy. 90% of electricity generation is going to need to come from renewables, with 70% likely coming from solar PV and wind alone. 60% of global car sales will need to be electric by 2030. We'll need to completely halt the sale of internal combustion engine vehicles by 2035. And by 2040, we will need to have retrofitted at least half of our existing building stock.
Make no little plans. For a copy of the report, click here.
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